ADO 0.00% 2.1¢ anteotech ltd

Cross Linked Binder, page-159

  1. 30,280 Posts.
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    Well obviously we talked about funding as it's right up the top of my list of concerns, I was concerned at the POC spending rather than batteries and low cash on hand as a reason why deals might be suboptimal.

    He didn't say anything specific on funding because of the obvious reason that it's price sensitive. I got an impression he expects to be able to access finance and even issue more options if necessary. But that's just an impression he certainly didn't indicate that expressly. If the old ones expire before deals he will have to face some very unhappy campers. Obviously... and it might explain some of the aggro in here.

    But I'm not holding deals back. Far from it. Bring them on!

    But deals take ages to negotiate. It's just how things work. They draw it out if they think it's to their advantage. Which means we have to leverage competitors and play them off against eachother. So as we are waiting on the demonstrating of the commercial level of the batteries, only he knows that stuff.

    He's just 'confident'. Which is what I relayed in the post above.
    I also recall a very confident CEO which was GC on the company being on the verge of greatness. Perilously close...were the words.

    It comes down to who is more credible, I guess.

    He agreed that the company should not be that vulnerable that it's future is supposedly held back by a poster in a chat room. I find it absurd.

    He agreed that the SP had to rise on the merits of the company.

    I told him that the main reason I still have a holding is that the technology is so good, but the strategy has been pathetic.

    He reminded me he's only been in the job a matter of months. Fair enough, but the overhang is still there.

    It all comes down to how essential the technology is. We've had supposedly essential technology before, with POC.

    I pointed out if someone is making some calls that aren't happy in a forum and they get vigorously denigrated, it simply doesn't look good.

    A truly confident company simply wouldn't be that sensitive.

    So if they back off and it gets less boot to the throat in here,
    (and no doubt potential newbies) will be taking that as a sign of confidence.

    It's a pity they couldn't manage to work that out earlier.



 
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